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This paper presents the R package GAS for the analysis of time series under the Generalized Autoregressive Score (GAS) framework of Creal et al. (2013) and Harvey (2013). The distinctive feature of the GAS approach is the use of the score…

Computation · Statistics 2021-10-25 David Ardia , Kris Boudt , Leopoldo Catania

We propose methods to improve the forecasts from generalized autoregressive score (GAS) models (Creal et. al, 2013; Harvey, 2013) by localizing their parameters using decision trees and random forests. These methods avoid the curse of…

Econometrics · Economics 2023-05-31 Andrew J. Patton , Yasin Simsek

Score-driven models, also known as generalized autoregressive score models, represent a class of observation-driven time series models. They possess powerful properties, such as the ability to model different conditional distributions and…

Computation · Statistics 2020-08-27 Guilherme Bodin , Raphael Saavedra , Cristiano Fernandes , Alexandre Street

This article introduces the GNAR package, which fits, predicts, and simulates from a powerful new class of generalised network autoregressive processes. Such processes consist of a multivariate time series along with a real, or inferred,…

Methodology · Statistics 2019-12-11 Marina Knight , Kathryn Leeming , Guy Nason , Matthew Nunes

Due to the skessed distribution, high peak and thick tail and asymmetry of financial return data, it is difficult to describe the traditional distribution. In recent years, generalized autoregressive score (GAS) has been used in many fields…

Risk Management · Quantitative Finance 2020-10-14 Hong Shaopeng

Generalized additive models for location, scale and shape (GAMLSS) are a flexible class of regression models that allow to model multiple parameters of a distribution function, such as the mean and the standard deviation, simultaneously.…

Computation · Statistics 2014-07-08 Benjamin Hofner , Andreas Mayr , Matthias Schmid

GAS models have been recently proposed in time-series econometrics as valuable tools for signal extraction and prediction. This paper details how financial risk managers can use GAS models for Value-at-Risk (VaR) prediction using the novel…

Risk Management · Quantitative Finance 2021-10-25 David Ardia , Kris Boudt , Leopoldo Catania

Autoregressive models use chain rule to define a joint probability distribution as a product of conditionals. These conditionals need to be normalized, imposing constraints on the functional families that can be used. To increase…

Machine Learning · Computer Science 2020-10-27 Chenlin Meng , Lantao Yu , Yang Song , Jiaming Song , Stefano Ermon

This paper presents the generalized spatial autoregression (GSAR) model, a significant advance in spatial econometrics for non-normal response variables belonging to the exponential family. The GSAR model extends the logistic SAR, probit…

Methodology · Statistics 2024-12-03 N. A. Cruz , J. D. Toloza-Delgado , O. O. Melo

Multi-output regression models must exploit dependencies between outputs to maximise predictive performance. The application of Gaussian processes (GPs) to this setting typically yields models that are computationally demanding and have…

Machine Learning · Statistics 2019-02-27 James Requeima , Will Tebbutt , Wessel Bruinsma , Richard E. Turner

The Lasso is a popular model selection and estimation procedure for linear models that enjoys nice theoretical properties. In this paper, we study the Lasso estimator for fitting autoregressive time series models. We adopt a double…

Statistics Theory · Mathematics 2008-05-09 Yuval Nardi , Alessandro Rinaldo

Models characterized by autoregressive structure and random coefficients are powerful tools for the analysis of high-frequency, high-dimensional and volatile time series. The available literature on such models is broad, but also sectorial,…

Methodology · Statistics 2020-09-18 Marta Regis , Paulo Serra , Edwin R. van den Heuvel

This paper proposes an autoregressive (AR) model for sequences of graphs, which generalises traditional AR models. A first novelty consists in formalising the AR model for a very general family of graphs, characterised by a variable…

Machine Learning · Computer Science 2019-03-19 Daniele Zambon , Daniele Grattarola , Lorenzo Livi , Cesare Alippi

Spatial statistics is a growing discipline providing important analytical techniques in a wide range of disciplines in the natural and social sciences. In the R package GWmodel, we introduce techniques from a particular branch of spatial…

Applications · Statistics 2014-03-18 Isabella Gollini , Binbin Lu , Martin Charlton , Christopher Brunsdon , Paul Harris

Generalized autoregressive moving average (GARMA) models are a class of models that was developed for extending the univariate Gaussian ARMA time series model to a flexible observation-driven model for non-Gaussian time series data. This…

Applications · Statistics 2017-02-07 Marinho G. Andrade , Ricardo S. Ehlers , Breno S. Andrade

In this work, we propose \texttt{TimeGrad}, an autoregressive model for multivariate probabilistic time series forecasting which samples from the data distribution at each time step by estimating its gradient. To this end, we use diffusion…

Machine Learning · Computer Science 2021-07-09 Kashif Rasul , Calvin Seward , Ingmar Schuster , Roland Vollgraf

We develop a new statistical model to analyse time-varying ranking data. The model can be used with a large number of ranked items, accommodates exogenous time-varying covariates and partial rankings, and is estimated via the maximum…

Methodology · Statistics 2022-11-23 Vladimír Holý , Jan Zouhar

We develop an automated variational method for inference in models with Gaussian process (GP) priors and general likelihoods. The method supports multiple outputs and multiple latent functions and does not require detailed knowledge of the…

Machine Learning · Statistics 2018-11-06 Edwin V. Bonilla , Karl Krauth , Amir Dezfouli

Probabilistic forecasting of time series is an important matter in many applications and research fields. In order to draw conclusions from a probabilistic forecast, we must ensure that the model class used to approximate the true…

Machine Learning · Computer Science 2022-07-12 David Rügamer , Philipp F. M. Baumann , Thomas Kneib , Torsten Hothorn

Autoregressive models are a class of time series models that are important in both applied and theoretical statistics. Typically, inferential devices such as confidence sets and hypothesis tests for time series models require nuanced…

Statistics Theory · Mathematics 2022-01-19 Hien Duy Nguyen
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